Telecom Expense Management

Telecom Expense Management (TEM) began due to the constant evolution of IT Communications. Over time, enterprises quickly realized managing expenses for multiple locations became cumbersome. Many enterprises have chosen to do their own TEM in-house as what they thought to be a simple, low-cost fix. However, to efficiently process invoices, maintain inventory, correct discrepancies, and overall manage the entire communications lifecycle can be nearly impossible with your main day to day job tasks. Additionally, the expansion of new devices has spawned security risks and other IT related concerns that have ultimately led managers to reconsider an outsourced approach.

 

RadiusPoint © Recognized in Gartner’s 2018 Market Guide for Telecom Expense Management

 

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Telecom Expense Management (TEM) is the process of managing large enterprises communications costs to include fixed voice and data, mobile devices, Unified Communications and Collaboration (UCC), VoIP, and any other IT related services. From support, provision, procurement, and tracking of inventory, we provide IT and Finance departments the necessary tools required for strategic technology decision making as well as emerging IoT deployments.

Here at RadiusPoint, we streamline processes to benefit our clients. These processes range from inventory audit to paying vendors. Through ExpenseLogic TM, our proprietary software, your telecom invoices are line-item audited against contract rates, company usage policies and much more.  

Our proactive approach in managing your company’s telecom invoices focus on 3 key components:

Reduce your overall spend

 

Save time filtering through each line item

 

Full visibility on a single platform

 

Uncovering Hidden Charges of Acquisitions and Divestitures

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Taking the Ripple Effect out of Mobile Device Management (MDM)

Taking the Ripple Effect out of Mobile Device Management A lot has been made of the “bring your own device” (BYOD) Revolution, employees bringing their own devices into the workplace and hooking up to corporate networks, leading to security threats and mad scrambles...

AP Research Assistant (Missing Bill Research)

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Are You Tired of the TEM Roller Coaster?

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4 Benefits of Telecom Expense Management (TEM)

While the term, Telecom Expense Management (TEM) seems to be easily understood by most, there are several benefits often overlooked that drive an effective TEM provider. The average global enterprise works with more than 70 carriers, and to properly manage each facet...

RadiusPoint Expands ExpenseLogic 8.0 Capabilities

FOR IMMEDIATE RELEASE Orlando, FL May 17th, 2019- RadiusPoint, the leading service provider for telecom and utility expense management, has announced they will be expanding the Site Manager section to allow for Site and Equipment inventory to be managed within...

Will Increased Visibility Lower Wireless Expenses?

As wireless services continue to evolve and vendors change their service offerings, increasing visibility into the services, invoices and devices are paramount to managing a healthy bottom line. Businesses have not only added cell phones, but they have also added...

How Secure Is Your Data?

Today is World Password Day, a day to promote and raise awareness for better password habits. Passwords are critical gatekeepers to our digital identities, allowing us to access online shopping, banking, social media, private work, and life communications. Without...

Utilizing RadiusPoint for Vacant Cost Recovery

Are Utility companies charging you for a unit that is no longer occupied?   A term described to aid property owners in recovering costs associated with tenants who fail to transition their utility services in their name on or before moving in is called Vacant...

Wishing a Happy Earth Day from the RadiusPoint Team!

Each year, as Earth Day approaches, we are reminded of the impact technology and company policies make on our environment. We have found that, as we examine our policies and carbon footprint during this time, so do many other companies.  The most common questions are:...

Evolving Technology

While recognizing cost savings is important, maintaining a robust program is crucial to driving real results. Using our SaaS, cloud-based platform, we host all information associated with these costs in one easy-to-use software to audit and generate in-depth reports on a daily or weekly basis. By identifying billing errors and fees routinely, we organize costs and determine what inaccuracies need to be corrected and/or optimized for both wireline and wireless invoices.

RadiusPoint’s highest priority is allowing you to concentrate on the success of your company without the worry of wasted time and money. Last year, we were able to recover $52k in credits for our Healthcare client for mobile lines that were supposed to be canceled, but the vendor did not follow through. Having a company do the work for you and save money is not just smart, but incredibly efficient.

RadiusPoint © receives IT Schedule 70 contract from the General Services Administration (GSA) to provide expense management solutions to the Federal Government and its agencies.

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Guarantee ROI

Some TEM companies may offer an ROI percentage for their clients but can they provide proof? Return on investment is such an important piece in providing these services as anyone would want to know what they are receiving in return for their compensation. If they offer a guaranteed ROI but after the first 6 months, cannot follow through, it’s time to move on. Make sure your TEM partner provides accurate and true information. Ask for samples and other work to ensure the numbers are real and also ask for client references to verify their word.

 

Is Your Enterprise Facing These Top 5 TEM Challenges?

When deploying a third party service, there will always be pros and cons to consider. If the benefits outweigh the costs, then you’ve reached a verdict. However, determining which items impact your business the most can truly make or break it. The same goes for...

Clear Communication and Implementation

This is a big deal when TEM partners do not accurately represent the timeframe of implementation. Gaining control of vendor information and cost center location info takes time but not that much time. Having transparent communication from the very beginning is so crucial during the setup phase. Multiple meetings and phone calls with the key individuals on board is what will truly set the stage for the rest of the deliverables.  Some enterprises are realizing that a TEM vendor will promise the sun moon and stars in under a month but then fail to timely put it in motion. If you cannot keep your word before the project actually begins, you can be sure the rest of the partnership will soon follow suit.

Work Smarter, Not Harder

 

ExpenseLogic TM  is the powerful expense management software you need. Eliminate countless tedious hours and identify expensive billing errors and fees automatically.

ExpenseLogic TM easily performs your company’s Telecom Expense Management (TEM), Wireless Expense Management (WEM), and Utility Expense Management (UEM)  in one, easy-to-use platform. So you can put the time and money back where it belongs – into your organization.

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